Economist Slams Elon Musk for Making Tesla a 'Tech-Bubble' Meme Stock

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Economist Slams Elon Musk for Making Tesla a 'Tech-Bubble' Meme Stock
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"Does anyone seriously think that the Musk of today is the right CEO to manage the Tesla we need?""Does anyone seriously think that the Musk of today is the right CEO to manage the Tesla we need?"

Meanwhile, its CEO Elon Musk — who has long made a habit of over-promising — is quickly turning into a "meme-stock carnival barker," as economic historian and UC Berkeley economics professor J. Bradford DeLong argued in an excoriating "For all the current Tesla shareholders planning to offload their holdings in the next couple of years, everything hinges on the company succeeding as a meme stock," DeLong wrote, "and Musk is diligently working toward that goal."

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